27 Jun 2025, 01:30

YZi Labs Fuels Breakthrough Web3 Metaverse Project MEET48

BitcoinWorld YZi Labs Fuels Breakthrough Web3 Metaverse Project MEET48 The digital frontier is constantly expanding, and at its heart lies the exciting convergence of Web3, AI, and immersive virtual worlds. In a move that signals growing confidence in this innovative space, YZi Labs has made a significant investment in MEET48 , a pioneering decentralized social metaverse platform. This backing underscores a powerful trend: the evolution of how we interact, create, and engage online, especially within the realm of fan communities. What Propels YZi Labs to Invest in the Web3 Metaverse? YZi Labs is known for its strategic investments in cutting-edge blockchain and Web3 projects. Their decision to back MEET48 isn’t just about financial capital; it’s a vote of confidence in the future of immersive digital experiences and community-driven platforms. The undisclosed investment amount, while not public, signifies a commitment to fostering innovation in the burgeoning Web3 metaverse landscape. This move highlights a broader industry shift towards decentralized applications that empower users and creators. Exploring MEET48: A Decentralized Social Platform for the Future So, what exactly is MEET48 ? It’s envisioned as a revolutionary decentralized social platform designed to redefine fan engagement through the power of AI and Web3 technologies. Imagine a virtual world where fans can not only consume content but actively participate in the creation and governance of their favorite communities. This platform aims to provide an immersive, interactive space where digital identities flourish and connections deepen. Unlike traditional social media, MEET48 leverages blockchain to ensure transparency, ownership, and true decentralization, offering a unique value proposition for both fans and creators. Revolutionizing Fan Engagement with AI and Web3 The core of MEET48 ‘s appeal lies in its dual focus on AI and fan engagement within a Web3 framework. AI can personalize experiences, enhance interactions, and even create dynamic content within the metaverse. Coupled with Web3’s principles of ownership and decentralization, fans gain unprecedented control and influence. This isn’t just about passive consumption; it’s about active participation, where fans can own digital assets, contribute to virtual economies, and even have a say in the platform’s development. This synergy promises a richer, more rewarding experience for dedicated communities, moving beyond simple likes and shares to true co-creation. The Promise of a Decentralized Social Platform: Benefits and Opportunities The investment in a decentralized social platform like MEET48 by YZi Labs points to several key benefits for the evolving digital landscape: True Ownership: Users can own their digital assets, identities, and contributions, moving away from centralized platforms where data and content are often controlled by corporations. Enhanced Monetization: Creators and fans can directly benefit from their contributions through tokenized economies, NFTs, and other Web3 mechanisms, bypassing traditional intermediaries. Community Governance: Decentralized autonomous organizations (DAOs) can empower communities to make collective decisions about the platform’s future, fostering a sense of shared ownership. Immersive Experiences: The metaverse aspect allows for deeper, more interactive experiences that transcend flat screens, offering new ways to connect and express oneself. AI-Driven Personalization: AI integration can tailor content, interactions, and experiences to individual users, making the metaverse feel more alive and responsive. Navigating the Challenges in the Web3 Metaverse While the potential is immense, the journey for projects like MEET48 and the broader Web3 metaverse is not without its hurdles. Key challenges include: User Adoption: Educating and onboarding mainstream users who may be unfamiliar with blockchain technology and crypto wallets. Scalability and Interoperability: Ensuring the platform can handle a large number of users and interact seamlessly with other metaverse projects and blockchain networks. Content Creation: Populating the metaverse with engaging, high-quality content that keeps users coming back. Regulatory Uncertainty: The evolving regulatory landscape for cryptocurrencies and decentralized applications can pose challenges. Security: Protecting user assets and data in a decentralized environment is paramount. Despite these challenges, the backing from entities like YZi Labs provides crucial resources and expertise to help navigate these complexities, pushing the boundaries of what’s possible in the decentralized future. What’s Next for MEET48 and the Future of Fan Engagement? With YZi Labs ‘ strategic investment, MEET48 is poised to accelerate its development and bring its vision of a decentralized, AI-powered social metaverse to fruition. This partnership could serve as a blueprint for future collaborations between established Web3 investors and innovative platforms looking to redefine online interaction. The focus on fan engagement through Web3 tools represents a significant shift, promising more equitable and immersive experiences for communities worldwide. As the Web3 metaverse continues to evolve, projects like MEET48 will be at the forefront, shaping how we connect, create, and experience digital life. In conclusion, the investment by YZi Labs in MEET48 is a powerful testament to the growing belief in the potential of Web3, AI, and decentralized social platforms. It highlights a future where fan engagement is not just about consumption, but about active participation, ownership, and community-driven innovation. This strategic move could unlock new dimensions of interaction and value creation in the ever-expanding digital universe. To learn more about the latest crypto market trends, explore our article on key developments shaping the Web3 metaverse and institutional adoption. This post YZi Labs Fuels Breakthrough Web3 Metaverse Project MEET48 first appeared on BitcoinWorld and is written by Editorial Team

27 Jun 2025, 00:25

Alphabet deepens cloud competition with Oracle by hiring its former CFO

Alphabet Inc. has made a big move in its bid to bolster its standing in the cloud computing business by hiring Oracle Corp. vet eran Kobi Bar-Natan as the new Chief Finance Officer (CFO) of Google Cloud. According to his LinkedIn profile, Bar-Nathan officially took the position in June. He joins Google Cloud from Oracle Cloud Infrastructure, where he was CFO and was critical in steering Oracle’s financial strategy in its fast-paced expansion into cloud services. Before Oracle, he was in leadership roles at Microsoft, including in cloud finance, affording him a deep perspective on three of the world’s top five clouds. Alphabet has not posted any formal announcement, but a spokesman for the company confirmed to reporters that Bar-Nathan commenced in the new position in the past two weeks. Oracle declined to comment. Hiring move intensifies Cloud industry battle The hire recognizes the high-stakes race in a cloud-computing industry that has become increasingly competitive. Google Cloud and Oracle Cloud Infrastructure are growing competitors in a space still heavily controlled by Amazon Web Services (AWS) and Microsoft Azure. According to a report from Synergy Research Group, the market is currently dominated by Amazon, which has about 1/3 of the market share, followed by Microsoft. Google is number three, and Oracle is number five. Both companies are behind the top two, but they have made a name for themselves with aggressive pricing, AI integrations, and solutions for particular industries. Google has a unique advantage in Bar-Nathan’s diverse background. His understanding of Oracle’s internal cloud finance playbook could help Google Cloud fine-tune its pricing models, cost management, and go-to-market strategy. The move also stokes a rivalry between the two tech giants. It’s worth noting that Thomas Kurian, now CEO of Google Cloud, was a long-time Oracle executive next to Ellison, who left over reported disputes around the Oracle cloud strategy. Alphabet’s Google Cloud becomes AI growth engine Google Cloud has become one of Alphabet’s most promising business divisions . The former loss-making division has now posted several consecutive quarters of operating profits against many analysts’ expectations. Fuelled by Kurian’s leadership and Alphabet’s growing focus on AI-centric enterprise business segments, the division has become a strategic cornerstone of the company’s future expansion. The momentum also follows Google Cloud’s recent efforts to expand its AI structures. The company has increasingly been bulking up its AI product and service portfolio, particularly as it courts enterprise customers building large language models and generative AI apps on its cloud. Alphabet’s commitment to AI is aligned with cloud infrastructure. Over the past year, the company announced new data centers, bespoke AI chips (TPUs), growth, and new business partnerships in healthcare, finance, and retail. Oracle, meanwhile, has been following the same playbook. Oracle, the software and cloud company, made waves earlier this year with “Project Stargate,” a joint effort to provide OpenAI with enormous computing power. This is a sign that Oracle, too, has aggressive plans in the AI cloud race. The project is meant to strengthen Oracle’s infrastructure offerings and give it exposure to the developers building AI. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

26 Jun 2025, 21:30

Aqua 1 To Inject $100M In World Liberty Financial (WLFI) Token

Aqua 1, a Web3-native fund, has made a significant move by investing $100 million to acquire governance tokens from World Liberty Financial (WLFI). According to reports , this investment reflects a commitment to promoting the use of blockchain technology in finance and enhancing global capital allocation. Aqua 1 Token Purchase to Boost DeFi Adoption Notably, Aqua 1’s $100 million investment in WLFI shows strong support for WLFI’s goal to change the Decentralized Finance (DeFi) space. Together, WLFI and Aqua 1 plan to develop a new blockchain financial system and drive innovation in key areas, including blockchain development, Real-World Asset (RWA) tokenization, and stablecoin integration. This commitment is not just about money; it drives change. Aqua 1 aims to collaborate with WLFI to establish new standards for transparency, security, and capital flow. Their shared vision aims to connect old financial systems with new blockchain technology, providing effective and flexible solutions for businesses and individual users. Furthermore, Aqua 1’s global investment and compliance teams will assist WLFI in expanding into South America, Europe, Asia, and emerging markets. This will speed up the development of the digital asset ecosystem. WLFI also plans to support the launch of Aqua 1’s Aqua Fund, an investment fund based in the UAE. World Liberty Financial Navigates the Digital Finance World Since launching in September 2024, WLFI has conducted two successful public sales, raising $550 million across 85,000 registered token holders. With the Donald Trump family’s name reportedly behind it , the project is drawing both investor attention and political intrigue as it navigates the volatile world of digital finance. Meanwhile, WLFI has gained support among token holders as it geared to reward early backers with a test distribution of its freshly launched USD-pegged stablecoin, USD1. Whether USD1 takes off as a viable competitor remains to be seen. WLFI Gains Ground Despite Ongoing Criticism Despite the continued criticism , WLFI recently secured a significant boost. The new stablecoin bill, which passed the Committee stage, could benefit the company. It is worth noting that WLFI is the company that created the USD1 stablecoin used in a $2 billion deal with Binance . The new law may cover the stablecoin, further protecting it. In a bold move, President Trump urged lawmakers to fast-track the GENIUS Act steblcoin bill without any additional changes. The president is urging the bill, which recently cleared the final Senate vote , to be quickly approved and sent to his desk. The post Aqua 1 To Inject $100M In World Liberty Financial (WLFI) Token appeared first on TheCoinrise.com .

26 Jun 2025, 18:31

Blockchain-Powered Pokies: How Crypto Payments are Changing Online Slot Play

Online pokies and casino gaming are becoming more and more popular. Thanks to technology, online slot enthusiasts can easily access and enjoy classic and modern pokies with real payouts in a safe environment. So let's take a look at how blockchain and crypto payments in particular, are changing slot play in online pokies. From faster transactions to probably fair gaming, blockchain is reshaping the online slots experience. There are a number of benefits that come with blockchain-powered platforms, including greater security, transparency most importantly, excitement. The evolution of online slots in the age of blockchain Online slots have come a long way since their digital debut in the late 1990s. What started out as a basic, browser-based game with simple graphics and fruit symbols has evolved into immersive experiences. Slot games now feature rich visuals and themes, interactive bonus rounds and progressive jackpots. The integration of blockchain technology marks the next major shift in the industry. The use of decentralised networks and crypto tokens has meant that game developers and casinos are now able to offer players features that were previously impossible. This includes direct crypto wagering, tokenised rewards and smart contract-driven payouts. Blockchain is not just a payment method. It's technology that is completely changing the infrastructure of online gaming platforms, enabling great autonomy and fairness in each and every spin. Enhancing player trust One of the main advantages of using blockchain technology in online casinos is the enhanced trust it offers. Most traditional slot games operate on random number generators (RNGs), but players have historically had to take the casino's word that games are fair. Whereas blockchain has introduced provably fair gaming. This is where the fairness of each spin can be independently verified by players through publicly accessible cryptographic proofs. This level of transparency helps to build confidence among users, knowing they are playing on a platform where manipulation is virtually impossible. This is crucial in the digital world where digital identity is so important and there are so many risks out there. Every spin's outcome is recorded on the blockchain, which has helped to make disputes easier to resolve and also ensures the overall integrity of the game. Faster and safer payments Speed and security have become critical to any online gambling experience. Traditional payment methods like bank transfers or credit cards will often come with delays, fees and in some regions, restrictions on gambling transactions. Whereas blockchain-based casinos allow players to deposit and withdraw using cryptocurrencies like Bitcoin , Ethereum and stablecoins, which all typically come with near-instant processing times. Cryptocurrency payments are direct; they are peer-to-peer transactions. There are no third parties or intermediaries involved, which means payments tend to be quicker, come with lower fees and come with a reduced risk of fraud or chargebacks. Blockchain payments also come with more privacy, which is perfect for players who are seeking discretion when enjoying online slots. A new gaming ecosystem Beyond payments and fairness, blockchain is driving a new wave of community-driven innovation in the online pokies space. Decentralised casinos and gaming platforms often involve players directly in the decision-making through governance tokens, allowing them to vote on game features, platform updates or promotional campaigns. By participating, a platform can strengthen player loyalty and create an ecosystem where users feel genuinely invested. Plus, collaborations between blockchain developers and game studios are giving rise to unique pokies concepts, from NFT slot themes to cross-game jackpots that link multiple titles across platforms. The growing appeal of classic and modern pokies with real payouts Whether you prefer the nostalgic charm of fruit machines or the thrill of cutting-edge video slots, blockchain-powered platforms cater to a wide audience. They offer everything from simple three-reel games to sophisticated slots with advanced features. Many blockchain platforms incorporate native tokens or loyalty programs too. This has helped to further enhance the value players recieve. These innovations not only help to increase engagement, but also provide new opportunities to win and cash out real rewards securely. So what's next for blockchain integration in online slots The future of blockchain in online slots is full of exciting possibilities. We can expect to see greater adoption of smart contracts, enabling fully automated payouts and bonus triggers. Cross-platform tokens might allow players to transfer balances seamlessly between different casinos or games. Additionally, innovations like NFT-based game assets or community-owned slots could also create more personalised and interactive gaming experiences. Blockchain is completely transforming online slots in a way that benefits both players and operators. From provably fair gaming and faster crypto payments to the emergence of community-driven platforms, the technology is creating a safer, more transparent and engaging experience. As the industry continues to evolve, players can look forward to even greater innovation and opportunity. So whether you're a casual spinner or an experienced slot enthusiast, the future of blockchain-powered pokies promises exciting possibilities on every reel. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

26 Jun 2025, 17:34

Galaxy Digital Raises $175M to Boost Stablecoin and DeFi Startups

Galaxy Digital Raises $175M Crypto Startup Venture Fund Galaxy Digital raised $175 million for its latest crypto-focused venture fund after the company exceeded its original goal of $150 million. The venture fund will be utilized to invest in early-stage companies that are working on the stablecoin and decentralized finance (DeFi) segments. Tangible Blockchain Use Cases Focus Mike Giampapa, general partner at Galaxy Digital, said the fund will invest in projects that bridge traditional finance and crypto. “You’re seeing this fundamental shift from more speculative use cases of blockchains to something that’s much more tangible,” he explained. The firm has already deployed $50 million from the fund, including investments in Monad, a high-performance blockchain, and Ethena, a stablecoin protocol offering yield-bearing dollar assets. Galaxy Expands Its Crypto Footprint Galaxy Digital, founded by Mike Novogratz, continues to further its involvement in various facets of the crypto universe, from venture capital to mining and asset management. The firm had $7 billion in assets under management as of May, most of which was linked to crypto start-ups. In addition to the new fund, Galaxy is also looking for conventional financial products derived from crypto. On June 25, the company, in partnership with Invesco, filed an S-1 with the SEC on behalf of the Invesco Galaxy Solana Trust, reflecting the growing interest in approved crypto investment products. Institutional Confidence in Crypto Grows Positive developments in the regulation of U.S. crypto are also encouraging more financial institutions and venture capital funds to commit to blockchain technology. Galaxy Digital’s aggressive expansion positions it at the forefront of shaping the future of the financial industry. As institutional demand for blockchain technologies is increasing, Galaxy’s strategic investments in stablecoins and DeFi speak volumes of solid belief in up-and-coming crypto infrastructure alongside fundamental technological advancements.

26 Jun 2025, 17:32

Half of Salesforce operation is now run by AI, but 40% of agentic projects will fail

Salesforce is relying heavily on artificial intelligence to run its operations, with CEO Marc Benioff confirming the tech is now doing 30% to 50% of the company’s total work. Speaking with Bloomberg’s Emily Chang, Marc said, “All of us have to get our head around this idea that AI could do things, that before, we were doing, and we can move on to do higher value work.” According to CNBC, tech firms across the board are doing the same thing. Companies are slashing headcount, cutting costs, and letting AI fill the gaps. Klarna’s CEO, Sebastian Siemiatkowski, said the company has shrunk its workforce by 40%, pointing directly to AI investments. Over at Amazon, Andy Jassy also said roles will disappear as the company leans into automation. CrowdStrike is heading in the same direction. Everyone’s chasing speed and savings, even if it means clearing out human employees. Marc says AI is 93% accurate but not flawless Marc calls this a “digital labor revolution.” He claims Salesforce’s in-house models are now running with 93% accuracy, but he’s not pretending they’re perfect. “It’s pretty good,” he said, but “it’s not realistic” to expect 100%. He also said rival firms are nowhere near that level because they don’t have the kind of data and metadata Salesforce does. That’s his not-so-subtle flex that volume wins in the AI race. Still, there’s a catch. Not all AI is built equal. And not all projects are going well. Research firm Gartner is already predicting that over 40% of “agentic AI” projects will be canceled by the end of 2027. The reasons? Projects are expensive, the results are foggy, and risk controls are weak. Some of these tools are just hype wrapped in buzzwords. Anushree Verma, who’s a Senior Director Analyst at Gartner, didn’t hold back. She said, “Most agentic AI projects right now are early stage experiments or proof of concepts that are mostly driven by hype and are often misapplied.” She warned that this obsession with experimenting is stalling deployments and blocking production. The problem, she says, is people jumping into AI without knowing what the heck they’re doing. Agentic AI gets hype but low investment and even lower results During a Gartner webinar in January 2025, 3,412 people were asked how much they’ve put into agentic AI. Only 19% had made serious investments. 42% had gone in cautiously. 8% haven’t touched it at all. The other 31% are either unsure or sitting back to watch. Not exactly confidence-inspiring. Part of the problem is what Gartner calls “agent washing.” Vendors are rebranding their old junk—chatbots, RPAs, AI assistants—and slapping the agentic AI label on it. Out of the thousands of vendors, Gartner says only 130 are the real deal. The rest are noise. Verma said: “Most agentic AI propositions lack significant value or return on investment (ROI), as current models don’t have the maturity and agency to autonomously achieve complex business goals or follow nuanced instructions over time.” Translation: it’s mostly fluff. Gartner says even the stuff that’s technically agentic doesn’t always belong there. A bunch of the current use cases being paraded around don’t even require agents. It’s marketing, not engineering. And most companies are just pouring money into undercooked tech. Despite that, Gartner predicts that by 2028, 15% of daily work decisions will be made autonomously through agentic AI. It was literally 0% in 2024. Gartner also thinks 33% of enterprise software will come packed with agentic AI features by that same year, a huge surge from less than 1% today. But to get there, tech teams have work to do. Integrating agents into old platforms is messy. It breaks workflows and costs a ton to patch up. Gartner says the better route is to scrap old systems and build new ones with agentic AI baked in from the start. Anything else is duct tape. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites